Tariffs, Equity, and Looking Ahead to Spring
The real estate market never sleeps, even in the depths of winter! As we bundle up against the snow and dream of spring gardens, I wanted to address some of your most pressing questions – especially about those tariff discussions making headlines. Let's dive into what this could mean for homeowners and buyers in our area, along with a peek at what's happening in our local market.
A lot has happened since we last touched base. I hope you are well, and surviving this snowy winter (I am starting to dream of spring).
I have been fielding a lot of questions in regards to what the tariff chatter would do to housing if implemented… so I want to start there.
First off, if you already own your home, it won’t hurt the equity you have. In fact, the average home equity value nation wide is $311,000 (as of January of 2025). This is nationally, so imagine what yours might be in the North East.
The tariffs being discussed that could impact housing: Canada, China, and Mexico. Think trees for framing, steel, and gypsum (the primary component in concrete). If you are wanting a new construction home, or planning big projects for the home you have, it might be a good idea to jump on in. I do expect to see prices go up if implemented, so why wait?
Our inventory is still very low, but I expect an active spring market! There seem to be a lot of people ready to move from their starter homes, which is a good sign for inventory. It is still a sellers market though, so if you are on the fence- now is the time.
It is the week of love, and I really truly adore each of you. You make our communities great.
A great way to do this? Yoga in the Garden is back for year four! 🌿
We tend to think of "changing the world" as something that happens in big, dramatic moments. New policies. Viral movements. Headline news. But real, lasting change usually starts a lot closer to home, on your own street, in your own neighborhood.
There's something different about sitting down to a meal made entirely from food raised just steps away. That's the experience at Cabbage Hill Farm, a sprawling 280-acre property in Mount Kisco that's quickly becoming one of Westchester's most special destinations.